LAS VEGAS (KSNV & MyNews3) -- The Nevada Gaming Control Board has filed an 18-count complaint against Cantor Gaming over the company’s relationship with its former director of risk management and vice president, Mike Colbert.
Colbert pleaded guilty in September to one felony charge of conspiracy for his role in a nationwide sports betting ring that federal agents busted in 2012.
Colbert, 33, entered his plea in federal court in New York after the U.S. attorney’s office took over the case, according to court records.
He was accused of knowing about and allowing a New York-based gambling operation to place illegal bets through the use of "runners," according to a court document.
A federal indictment in October 2012 alleged Colbert arranged for the transfer of $100,000 in gambling proceeds between Las Vegas and New York in July 2011.
Colbert, who had worked for Cantor Gaming for four years, was fired after his arrest. At the time, the company released a statement saying that it started an investigation immediately after hearing of Colbert's indictment.
In its Jan. 6 complaint, the Control Board accuses Cantor Gaming of failing to prevent Colbert from breaking wagering laws.
The board calls for disciplinary action against Cantor by the Nevada Gaming Commission, including fines for each of the 18 counts and possible suspension or revocation of the company’s gaming license.